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fwiw
Jul 15, 2020 11:27 AM

Short term hourly BTC ABCD chart Long

Bitcoin / U.S. dollarBitstamp

Description

Looking to see if this simple ABCD pattern will play out. Go long now or at close to A. Sell at B, then go short. buy back at C and see if it runs past D.

Comment

The ABCD pattern didn't have enough strength to even get to C - this was extremely bearish signal and I have now flipped to being bearish on BTC until Oct/Nov 2020. I am not short but I am now flat and hodling my btc. All the best to all TV traders out there.

Comment

I meant B in the above comment - PA went straight to C and 9240 looks like significant resistance!
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